Montecito Medical Acquires Medical Office In Covington For $8.81M With Marcus & Millichap Brokers

A medical office located at 2252 Watercross Parkway in Covington, LA, has been sold for $8,811,000. The property encompasses a total of 10,690 square feet, resulting in a price per square foot of $824.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $8,811,000
• Address: 2252 Watercross Parkway
• Market: Covington, LA
• Square Footage: 10,690
• Price Per Square Foot: $824

The buyer of the property is Montecito Medical. The transaction was represented by brokers Seth Haron, Ashish Vakhariya, Darin Gross, and Steve Greer from Marcus & Millichap.